Spotify paid $10 billion to music industry

(CNN)– Spotify says it paid $10 billion to the music industry last year.

That is a billion more than the streaming service paid out the previous year.

It brings the grand total up to $60 billion since Spotify started in 2006.

One caveat is artists do not necessarily see all of that money.

Spotify pays music rights holders, which are usually record labels and publishers.

It is up to them to then distribute money to their musicians and songwriters.